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Defence stocks rally up to 25% over a week
Defence stocks experienced a significant surge in the past week, fueled by Prime Minister Modi's call for increased domestic defence production. This rise occurred despite the ongoing ceasefire between India and Pakistan. Cochin Shipyard led the gains with a 25% increase, followed by Bharat Dynamics, BEML, HAL, and Bharat Electronics, showcasing strong investor confidence in the sector.
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